World’s biggest asset manager attempts to balance the demands of European and US clients on decarbonisation
Industry believes recent moves to set up factories in Europe are aimed at dodging potential crackdowns
Work on energy transition project in Rotterdam will be further delayed
Orders are surging but capital markets are becoming reluctant to fund infrastructure projects
Joachim Nagel says EU’s biggest economy must address ‘major challenges’ to fuel growth
John Podesta signals shift in policy targeting goods from ‘dirtier’ countries
They want ‘made in Europe’ requirements to protect region’s hydrogen equipment manufacturing industry
Biden climate adviser John Podesta sits down with Moral Money to explain the administration’s shift in thinking
Legacy airlines fight perpetual war to close significant cost gap on budget rivals
Motorists set to pay an extra 50 cents a litre from 2031, estimates show
New facility is aimed at smaller projects that would otherwise struggle to find cover
Loading taxes or other restrictions on farmers is politically difficult
Renewed optimism despite outflows from greener funds
Also in today’s newsletter, US shareholder meetings show a mixed picture on sustainability
Emissions targets prompt organisational ‘rethink’ on everything from food to building materials
Corporate backers vie for visibility in joining effort to help Paris games balance budget
Supplier to London and southern England says £19bn of assets are failing as Ofwat weighs approving increase in bills
Microsoft co-founder argues Big Tech’s investment in power-hungry artificial intelligence systems is spurring a boom in clean electricity
The postwar ‘new town’ movement is being resurrected by Labour to skirt the UK’s planning straitjacket — but more could be done
The Republican presidential candidate has promised to stop offshore wind development if elected
Statkraft forced to cut growth because of lower electricity prices and higher costs
Shadow chief secretary to the Treasury indicates £28bn a year not enough to achieve Britain’s decarbonisation goal
Also in this newsletter: YouTube’s music-cloning plan, food and tax wars, taxing billionaires
New opportunities are dwarfed by the enormous cost of rising temperatures
International Edition